Increasing stock of my stationery business

Abukari Sadat

City, Ghana

100% repaid

Entrepreneur

Name

Abukari Sadat

Member since

May 2016

On-time repayments

216 installments  •  75%

About Me

I was born in 1988 at Savelugu, Ghana. I studied at the Accra Polytechnic of Ghana between 2009 and 2012, where i was awarded a Diploma in Accounting.After my polytechnic graduation, i taught it wise to start business because i was sitting idle and i had to start with Ghc 400 and i went into stationary sales such as books and pens,the uniqueness of my culture is our candid welcoming of strangers where a person can even go hungry just to provide for a stranger,my children all will like to become people of value to society,i have gone through had time in life such as sleeping hungry and during this days my driving force was always no condition is permanent.

My Business

I deal in Stationery as indicated in the picture. I have a small stationery store. Student always use books in the vicinity in which I operate. schools are around where my stationary store is and there is constant demand for books. usually, I have about 300 to 700 books in stock which cost GHS 1200.00 and my stock increased because of the old facility granted me, my profit ranges from 350 to 550 Ghana cedis and it usually takes 6 weeks to dispose my stock of books in store. profit is ploughe back into the business . The store is located in savelugu.

Loan Proposal

I will buy exercise books($30),science and mathematics pamphelets($60),marker pens($30).This will help students and schools headmasters who will have to move to Tamale to get their preffered pamplets and marker pens to buy, save transport cost as they will get them in their home town Savelugu where am based .i expect that my profit will increase by ghc100.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$118.38

Date disbursed

May 26, 2017

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $3.04

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

Jane

Ontario, Canada

CN

Craig Newmark

United States

Ask Abukari a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...